NorthRock Partners LLC Has $7.30 Million Stake in International Business Machines Corporation $IBM

Key Points

• NorthRock Partners LLC increased its stake in IBM by 24.1% to 25,866 shares, valued at approximately $7.30 million at the end of the quarter.
• IBM beat quarterly estimates with $4.52 EPS versus $4.33 expected and revenue of $19.69 billion (up 12.2% year‑over‑year), and analysts hold a consensus "Moderate Buy" with an average price target of $320.87.
• The company pays a quarterly dividend of $1.68 (annualized $6.72, yield 2.7%, DPR 60.27%), and insiders including Director David N. Farr and Michael Miebach recently purchased shares, indicating insider confidence.

NorthRock Partners LLC increased its position in International Business Machines Corporation (NYSE:IBM - Free Report) by 24.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,866 shares of the technology company's stock after purchasing an additional 5,029 shares during the period. NorthRock Partners LLC's holdings in International Business Machines were worth $7,298,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CFS Investment Advisory Services LLC raised its holdings in International Business Machines by 0.4% during the third quarter. CFS Investment Advisory Services LLC now owns 9,359 shares of the technology company's stock worth $2,878,000 after buying an additional 34 shares during the last quarter. KPP Advisory Services LLC grew its holdings in shares of International Business Machines by 1.7% during the third quarter. KPP Advisory Services LLC now owns 2,069 shares of the technology company's stock valued at $584,000 after buying an additional 34 shares during the last quarter. Marco Investment Management LLC increased its position in shares of International Business Machines by 0.3% during the third quarter. Marco Investment Management LLC now owns 10,774 shares of the technology company's stock worth $3,040,000 after acquiring an additional 34 shares in the last quarter. MA Private Wealth increased its position in shares of International Business Machines by 1.5% during the third quarter. MA Private Wealth now owns 2,242 shares of the technology company's stock worth $633,000 after acquiring an additional 34 shares in the last quarter. Finally, Altman Advisors Inc. raised its holdings in shares of International Business Machines by 0.3% in the 3rd quarter. Altman Advisors Inc. now owns 9,929 shares of the technology company's stock worth $2,802,000 after acquiring an additional 34 shares during the last quarter. Institutional investors own 58.96% of the company's stock.

International Business Machines Trading Down 0.5%

Shares of IBM stock opened at $246.37 on Friday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.92 and a current ratio of 0.96. The company has a market capitalization of $231.10 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 2.48 and a beta of 0.73. International Business Machines Corporation has a 52-week low of $214.50 and a 52-week high of $324.90. The company has a 50-day simple moving average of $276.81 and a two-hundred day simple moving average of $284.27.

International Business Machines (NYSE:IBM - Get Free Report) last posted its earnings results on Wednesday, January 28th. The technology company reported $4.52 EPS for the quarter, topping the consensus estimate of $4.33 by $0.19. International Business Machines had a net margin of 15.69% and a return on equity of 38.15%. The firm had revenue of $19.69 billion for the quarter, compared to analysts' expectations of $19.23 billion. During the same quarter last year, the firm earned $3.92 EPS. The company's quarterly revenue was up 12.2% compared to the same quarter last year. Research analysts anticipate that International Business Machines Corporation will post 10.78 EPS for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were issued a dividend of $1.68 per share. This represents a $6.72 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Tuesday, February 10th. International Business Machines's dividend payout ratio (DPR) is 60.27%.

Analyst Upgrades and Downgrades

IBM has been the topic of several recent research reports. Wedbush reaffirmed an "outperform" rating and issued a $340.00 price target on shares of International Business Machines in a research report on Tuesday, February 24th. Royal Bank Of Canada set a $361.00 price objective on International Business Machines in a research note on Thursday, January 29th. Oppenheimer set a $380.00 target price on International Business Machines and gave the company an "outperform" rating in a report on Thursday, January 29th. Evercore lifted their target price on International Business Machines from $330.00 to $345.00 and gave the company an "outperform" rating in a research report on Thursday, January 29th. Finally, Morgan Stanley lowered their price target on International Business Machines from $304.00 to $247.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, International Business Machines has a consensus rating of "Moderate Buy" and an average price target of $320.87.

Insider Buying and Selling at International Business Machines

In other International Business Machines news, Director David N. Farr bought 1,000 shares of the stock in a transaction dated Friday, January 30th. The shares were bought at an average cost of $304.00 per share, for a total transaction of $304,000.00. Following the purchase, the director directly owned 9,258 shares of the company's stock, valued at approximately $2,814,432. This trade represents a 12.11% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Miebach purchased 434 shares of the business's stock in a transaction that occurred on Wednesday, February 25th. The stock was bought at an average cost of $233.33 per share, for a total transaction of $101,265.22. Following the completion of the acquisition, the director directly owned 434 shares in the company, valued at $101,265.22. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders acquired 1,484 shares of company stock worth $417,157. Insiders own 0.18% of the company's stock.

More International Business Machines News

Here are the key news stories impacting International Business Machines this week:

• Positive Sentiment: IBM published a practical "quantum‑centric supercomputing" reference architecture that maps how quantum processors can be integrated with CPUs and GPUs — a clear strategic push to own early enterprise quantum and attract research/cloud customers. IBM Releases a New Blueprint for Quantum-Centric Supercomputing
• Positive Sentiment: IBM announced a partnership with Taiwan’s E.SUN Bank to deliver an enterprise AI governance framework — a commercial proof point that could help drive services and consulting revenue in regulated industries. IBM Teams Up With E.SUN Bank on AI Governance
• Positive Sentiment: Analysts continue to call IBM a top large-cap tech name alongside peers, which supports medium-term investor interest despite recent weakness. Analysts Are Bullish on Top Technology Stocks
• Positive Sentiment: Coverage highlights IBM’s "dual‑pronged" strategy (AI/hybrid cloud + quantum) to redefine enterprise computing — reinforces the company’s long-term narrative even as adoption timelines remain gradual. IBM's Dual-Pronged Strategy to Redefine Computing Power
• Neutral Sentiment: IBM’s CFO gave interviews outlining priorities around AI, hybrid cloud and quantum — useful for strategic context but not new guidance. The Motley Fool Interviews IBM CFO Jim Kavanaugh
• Neutral Sentiment: Industry roundups and tech press reiterate IBM’s quantum roadmap and positioning; positive for brand/technology leadership but benefits are multi‑year. IBM Introduces Blueprint to Combine Quantum Computers with Traditional Supercomputers
• Negative Sentiment: Competitive/near‑term threat: Anthropic’s Claude Code announcement (automation for COBOL modernization) has sparked concerns that third‑party AI tools could displace some IBM mainframe/modernization services, and analysts/media point to that as a contributor to the year‑to‑date decline. IBM Has Fallen 16% as Anthropic Puts Them In The Bullseye
• Negative Sentiment: Market reaction: IBM shares slipped around the quantum blueprint release and have been under pressure from technicals (current price below 50‑ and 200‑day moving averages) and lower trading volume, prompting short‑term selling. What's going on with IBM stock on Thursday?

International Business Machines Profile

International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.

IBM's principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.

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